Invoice And Contract Processing Automation
Tailor-made AI data extraction solutions for financial documents processing
20
Years of Business
65
Highly Qualified Specialists
95%
Client Retention Rate
200+
Completed Projects
Key Benefits
01
Streamline Document Management
Automatically sort and manage financial documents, from client onboarding forms to transaction records, ensuring compliance and boosting operational efficiency.
02
Enhance Transaction Data
Clean up unclear billing descriptors into neat transactions automatically, reducing customer service inquiries and improving the overall customer experience
03
Accelerate KYC Compliance
Speed up the approval and onboarding of new customers by automating the processing of Know Your Customer (KYC) documents
- Invoice Numbers
- Transaction Amounts
- Payment Terms
- Vendor Details
- Purchase Order Numbers
- Tax Amounts
- Bank Account Information
- Currency Types
- Date of Transactions
- Financial Statement Line Items
Use cases
Automating the invoice data extraction for faster and more accurate accounts payable operations
Streamlining the processing of expense reports and receipts to ensure timely reimbursement and accurate record-keeping
Utilizing AI and machine learning to quickly gather and analyze financial data, supporting comprehensive and efficient audit processes
Automating the extraction and organization of data from tax documents to streamline tax preparation and filing
Facilitating the rapid assessment of credit applications by extracting and analyzing financial data from various documents
Automating the extraction of relevant data from financial documents to ensure compliance with regulatory reporting requirements
Leveraging extracted data for predictive analysis and financial forecasting, aiding in strategic planning
Streamlining the extraction and analysis of financial information in loan applications to accelerate decision-making processes
Our services
FAQ
Yes, our AI solutions are designed to be compatible with existing financial systems and software. We can integrate AI data extraction capabilities into your current infrastructure to enhance functionality without disrupting your existing workflows.
Yes, our company offers ongoing technical support and maintenance services for applications after project completion. This includes troubleshooting, updates, and enhancements to ensure the application remains functional, secure, and up-to-date with the latest technology and user needs.
We implement stringent security protocols, including data encryption, secure data storage, and compliance with financial industry regulations such as GDPR and HIPAA. Our systems are designed to ensure that all client data remains confidential and protected from unauthorized access.
AI systems are trained on diverse datasets, allowing them to understand various document formats and accurately identify key information, even in complex or poorly structured documents. This results in higher accuracy and consistency in data extraction compared to manual processes.
Our AI systems include adaptive learning capabilities, which means they can learn from new data and adjust to changes in document formats over time. Regular updates and maintenance are part of our service to ensure that your data extraction system remains effective and up-to-date with the latest document standards.
AI-based data extraction uses machine learning algorithms to automatically recognize, extract, and process relevant data from financial documents like tax forms and bank statements. This technology simplifies data handling, reduces errors, and accelerates the analysis process.
We usually discuss it with each customer.
We bill our customers monthly when working on long projects. For a short project that spans over a couple of months, a typical upfront payment is about 30% of the total cost.
Any type of payments to Bank of America.
A preferred way is a wire or ACH transfer, or a mailed check.
Our company is registered in the USA.
Our company is registered in Delaware, USA. Our development office is located in Novosibirsk, Russia.
Visit Clutch or contact us directly.
We have reviews on Clutch. We can provide direct references from our clients too. Contact us for more details.
We work with Fortune 500 companies and startups. Our notable clients include American Airlines, IBM, Microsoft, Samsung, Mitsubishi Electric, Burger King, Delta, and more.
Let's Work Together!
Do you want to know the total cost of development and realization of the project? Tell us about your requirements, our specialists will contact you as soon as possible.